Transcripts For RT Keiser Report 20240712 : comparemela.com

Democratic candidate for President Joe Biden selects california. As his Vice President ial running mate. In beirut people gather at the port were devastating chemical blast that killed a week ago comes a day after the countrys government quits made huge pressure from the protests this. Is for this. Time to bring you the latest updates join us again that. Welcome to kaiser report Summer Solutions we have an exciting guest to talk about solutions you know during the year we talk about all those crazy problems out there and then during the summer we hit you with solutions thats right so lucians and today were going to be talking with o. B. No sue of coin floor. U. K. Stacy yes welcome to the show and we thank you everybody guys so 1st i want to go a little bit into a story here in america i know year british vi your family came from nigeria my family came from finland and ireland here max is from germany in scotland so everybody of course around the world has basically their families travel around the world but right now in america we have a situation post George Floyd Murder where. That has spread globally that there is this global insurrection against banker aka occupation max might say and i think thats right because i think yes there is institutional racism very much in america we have a long complicated history obviously with african descendants in america but in terms of whats happening here and how to how to get past this how to start with some sort of clean slate where we all can actually be equal on one Playing Field here in North Carolina where max and i live weve just had a situation in this headline here in historic move asheville approves of reparations for black residents in an extraordinary move the city council has apologized for the citys historic role in slavery discrimination and denial basic liberties to black residents and voted to provide reparations to them and their descendant apparently it wont be like a direct pay. That but it will be 0 basically a restructuring of how the local economy works where theyll push more. You know the make up force the past injustices by redirecting some of the allocated capital and things like that what i dont you know youre youre not part of the american scene but what do you think of how to reason do what reparations within the system just maintain s. S. Down or do you think what do you think reparations thats radio interesting as and as you have stated im not american so. Im not as close to it as some people i know but ive talked to many other people that youve had on your show previously. Like. Big queens a and and i was. The character as well but its really interesting weve seen this rodeo before i mean way back a car remember the names of president s because we dont were not required to learn them but i do know that. There were discussions with the previous president about reparations and there was the idea of and correct me if im wrong but the idea of every american slave whod spent their entire life and to so that the sentence is highlights for a number of over several 100 years would be given a set amount of land that he was 40 acres and a 100. 00 i believe and that was all that was off the us what was needed and they were they were offered that now given that the holding of stores of is the the number one that see the power of people are privileged and fumbled in their ability to study that ability to inherit intelligence or well smarts by many studies that basically they have been a teacher just be lucky enough to own. Appreciating assets. All the slaves offer was this land and it was offered and then unfortunately. The president who decided to greece this was was shot a few a few short while afterwards so id be very worried for anybody who was wanting to put in a similar policy. In the us if they tried to do it in modern days from what youre saying it sounds very very light touch and doesnt involve giving People Stores of value and therefore its not really valuable is focusing on the works when we all know that its the stores of value that the differences between the printers and the on the privilege will get into that star value as 2nd so its a fair to say based on your what writing and your interviews he believe the system is best play completely broken that reparations us just really lip service for many things and tried many times before never really comes through and youre thinking and believing instead to just exit the system and start completely know how would this work be pretty fair to say that i mean. I grew up in in Central London and as a country the u. K. Is i think on the scale especially london is a is a very Tolerant Society missing incredibly its a cultural melting flow is very multicultural. But even then i had scenarios where i was playing on the street as a kid and being spat sat by people whose would stop when that in the traffic at the lights because i grew up in a Council Estates which is i dont know how you describe it in the us but its like the projects its a low income parts of london. And you know we play in the spots that that was not an unusual thing to happen i experience various forms of discrimination through my life. Even when i was working in very Large Organizations i could see the differences were people who it work as not just me would get to i would still have to work twice as much twice as hard to get to the same level and thats that thats fine thats thats not a problem but being who i was i was i did feel that this was a problem for not just me but for society and the reason its a problem for society is that. Ultimately we want the society to reach its ultimate potential as quickly as possible and anything that stops you from doing that is some optimal so do logically the best people to work on any big given task should be the best people in the world now lets take an example of a space ship if i want to go to the nozzle like in a mosque here right now can only employ people who are in the us. He would like to employ the best people in the world and logically its unlikely that the best people to build rocket ships are not all in the us i mean i could be wrong but its probably the case and not all in the us so therefore the any rookie he makes to go to mars and get it will likely have more risk have more issues because he hasnt got the best people in the job so the entire world he and therefore by extension its i will loses out from any form of discrimination that isnt based on free things it isnt based on someones work ethic the quality of their faults and the quality of the argumentation you should discriminate on those things but anything else you shouldnt do and as long as he exists in a world where thats possible. We will always be it will always have a challenge and therefore i think that the current wont really exist and the situation is broken from as i would like to say and the only way to soothe the system not for out to space let you know must go into cyberspace and you write about a purely american crowd excess them and how do you get to the purely america crowd excess them and you suggest that cyberspace is the place to do it and you also write about how anonymity is very important to this pair meritocracy because when you say adopt an avatar in cyberspace in Virtual Reality the expectation is for everyone in that are different than what weve been used to because they are now interacting in America Craddock way because they dont really know that it cant see the person on the other end can you elaborate on us to give you some background. Was building free to Computer Games in the eightys and in the ninetys built one of the firsts online multiplayer virtual. School metropolis and then in the eights in the north seas. Built. One of the fellows was part of the scene of one of the 1st massively Multiplayer Online role playing games and we actually created a Virtual Currency could we put it this was before big cooking 50000000 uses. And so this is a Long Time Coming we its so someone whos been in that space its been very clear that this is the future of insurrection we are creating a new world and just like the explorers in the settlers when they felt that the old world was there with no opportunity for them decided to go to the us to canada they decide its exits and go somewhere else and the cook asian. Old well that is and new zealand and australia now i think every place on the planet says. If it should be populated most appreciate you take them and the only place to go is either outer space which will take decades and this is the kind of you dont for example i think far more interesting and family she was going into cyberspace this is new virtual building and thats where i think well produce use so in cyberspace of course we have additional money called big queen and big queen is on confiscated ball and that is one thing about starting from you know scratch because after the civil war in america for example as you talked about previously enslaved people were given 40 acres and a mule and some money and actually the black American Population did extremely well so well that it all got burned down so wall street in tulsa oklahoma there was a black wall street and durham North Carolina there was a hugely successful North Carolina city called wilmington North Carolina which was black run they were elected to office they ran all the newspapers they were super successful. Poor white people got angry and burned it down here we have your saying so Artificial Intelligence Virtual Reality you can be and look like whoever you want to be right. And you have an unconscious capable money so. As we head out into the break you know pitch your story about how that all comes together to create and a true meritocracy yeah i mean. I think you gave the i know the example of the black wall street in tulsa but ultimately if you form a group and you are so identifiable there is a risk that people can identify you and therefore try to attack that. Inside the space from day one we are taught that the way you look doesnt matter in fact from every computer game he played you you take on the persona of someone else so in cyberspace the norm is to not look like yourself. And so when were building these virtual is what would happen is originally everybody would look like white males and white females in perfect physical condition all 6 foot 2 if there were guys and all that went away and met 55. 00 and and then after a year everybody would realize a bit like the incredibles where if everybody was sleeping no one it was reading boring for everybody sort of the same and so therefore they started to look like and you now see it and in current day but actually they look that theyre not limited by the imagination that they very even try to look human they try to look like working on the hot dogs or whatever it is they try to express that in a idea what is there and what is an imagination and so that the identity goes out the window they then she cites to discrimination i think is a natural state of humankinds say then decide to discriminate on other things and so you start seeing people say things like i can hear from your x. And youre from the u. S. Or youre from the u. K. And people with american accents tend to congregate and people in the u. S. Accents but this technology thats working to deal with accent concealments as well because was really clear is if you remove the things that thats not really good mechanisms to discriminate or you have left are things that are good mechanisms and as you say as you as you as you notice in these spaces you see people who. Really interesting really charismatic really eloquent they were. And thats the society we want we want the society to be what the code is who is able to deliver the most an able to meld. The minds of men to wards a direction which we believe can best society wow im ready to migrate to cyberspace they are going to take a break let me come back why would be no so l o y. O t no crowd. No shots. Actually felt. No 1st. Point should your thirst for action. So what weve got to do is identify the threats that we have its crazy confront cation let it be an arms race in this on off and spearing dramatic developing the only im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. 54 jets and more than 1300 military personnel are headed to heal some air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area russia. What is it suddenly about the South China Sea that makes it so that it is 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on the story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. Welcome back to kaiser report Summer Solutions are right where chatting with the no assume hes the c. E. O. Over there calling for dot co dot u. K. O. Before the break we were talking about how racism seems to be hard coded in our d. N. A. Its almost an instinctive human trait and all solutions seem to have failed including reparations and the idea of us going into cyberspace and achieving a true meritocracy by shedding all of our biases and prejudices and getting into Something Different now some would say oh you know what youre going to lose some of your into hope to gain the meritocracy youre going to lose some of your authenticity however and what yours what youre suggesting is that with with this idea of migrating to cyberspace we are actually potentially going to find our true worst selves a kind of our deeper selves so its very profound very philosophical and this is all about Summer Solutions but i mean this is an interesting concept and maybe just give it another minute or 2 and dig into that a little bit so theyre going to be saving the peoples views around race. I think its we want to get to wode where you can explain this in the u. S book why its male female. Over any religion and and know any fear of being able to do that. I do think when it comes to feelings that you can view visually. Be tried and tested approach to dealing with is money. And if you look at. Lets take again i am not jewish but jewish people from my perception receive a lot and have historically received a lot of prejudice throughout many many many centuries. However right now it doesnt seem to affect them as much as effects but people and the differences they say have money and there was a song the rap song in the in the ninetys because i was very interested in rap could money power respect and its very simple if you have money you can buy power by media power and you can buy political power and media power and political power you can then change peoples views and gain respect you can check you can lobby governments and you can change the media message to counteract incorrect messages with the correct message and over time most people will then see that and be be affected by that what they post and say and their views will change but 1st you have to get money and in a world where. Its not meritocratic it may be difficult for you to get to that point so not only does going into cyberspace and affectively allow you to expression in a you it also is a far more meritocratic well because you in this world your identity doesnt matter all that matters is your capability and the reality is there is a lot of people of every background who are pretty capable so over time the best people in the world will move up to the top and they will come from all backgrounds and they would generate money and with that money they can change their perception if it is negative of whatever background in focus of the perception of women at the perception of black people perception of being not not able bodied whatever it may be these can be corrected by the subset of people who have a vested interest in change that perception who now also have the capital to change it so it will bennett. Fit both the physical world and the nonphysical i want to ask though about this post real world i r l is no longer existing were all in cyberspace there is the legacy of basically we live in a society and an economy of that of can tell you an heiress you know the Central Bank Still exists and it printed money and i think this is what is coming to a head right now its i think you know the fact that since 1971 weve been on a u. S. Dollar standard no attachment to anything like gold or anything and so whoever had all the assets then which were mostly white men in america and they had all the assets they own the assets and everybody else kind of was left behind because of that like there was just a recent data out of the u. S. Fed that showed that black americans have have their back to basically 1968 in terms of where they are and in terms of the percentage of wealth of this economy like how how can we restart unless we end totally this can tell in effect life is a game and. Be the game that most apes is this game of monopoly and i thought of this idea that wouldnt be great if every every so often in life just like in the game it gets reset. And it turns out a friend of mine who is you know. Very very well read especially in religious texts told me that this is not a new idea in fact in the Old Testament they had an idea called belief that every i believe is every 49 years maybe 50 is some people argue its 49 to 50 everybodys debts would be forgiven if you look at socorro you so just something to slavery youd be forgiven and you would and the land you had would be given back to you is the effectively its the physical world equivalent of playing monopoly and at the end. You get reset and so unfortunately thats not able to happen it doesnt happen any more it doesnt happen in the physical well but. In the President Joe Biden<\/a> selects california. As his Vice President<\/a> ial running mate. In beirut people gather at the port were devastating chemical blast that killed a week ago comes a day after the countrys government quits made huge pressure from the protests this. Is for this. Time to bring you the latest updates join us again that. Welcome to kaiser report Summer Solutions<\/a> we have an exciting guest to talk about solutions you know during the year we talk about all those crazy problems out there and then during the summer we hit you with solutions thats right so lucians and today were going to be talking with o. B. No sue of coin floor. U. K. Stacy yes welcome to the show and we thank you everybody guys so 1st i want to go a little bit into a story here in america i know year british vi your family came from nigeria my family came from finland and ireland here max is from germany in scotland so everybody of course around the world has basically their families travel around the world but right now in america we have a situation post George Floyd Murder<\/a> where. That has spread globally that there is this global insurrection against banker aka occupation max might say and i think thats right because i think yes there is institutional racism very much in america we have a long complicated history obviously with african descendants in america but in terms of whats happening here and how to how to get past this how to start with some sort of clean slate where we all can actually be equal on one Playing Field<\/a> here in North Carolina<\/a> where max and i live weve just had a situation in this headline here in historic move asheville approves of reparations for black residents in an extraordinary move the city council has apologized for the citys historic role in slavery discrimination and denial basic liberties to black residents and voted to provide reparations to them and their descendant apparently it wont be like a direct pay. That but it will be 0 basically a restructuring of how the local economy works where theyll push more. You know the make up force the past injustices by redirecting some of the allocated capital and things like that what i dont you know youre youre not part of the american scene but what do you think of how to reason do what reparations within the system just maintain s. S. Down or do you think what do you think reparations thats radio interesting as and as you have stated im not american so. Im not as close to it as some people i know but ive talked to many other people that youve had on your show previously. Like. Big queens a and and i was. The character as well but its really interesting weve seen this rodeo before i mean way back a car remember the names of president s because we dont were not required to learn them but i do know that. There were discussions with the previous president about reparations and there was the idea of and correct me if im wrong but the idea of every american slave whod spent their entire life and to so that the sentence is highlights for a number of over several 100 years would be given a set amount of land that he was 40 acres and a 100. 00 i believe and that was all that was off the us what was needed and they were they were offered that now given that the holding of stores of is the the number one that see the power of people are privileged and fumbled in their ability to study that ability to inherit intelligence or well smarts by many studies that basically they have been a teacher just be lucky enough to own. Appreciating assets. All the slaves offer was this land and it was offered and then unfortunately. The president who decided to greece this was was shot a few a few short while afterwards so id be very worried for anybody who was wanting to put in a similar policy. In the us if they tried to do it in modern days from what youre saying it sounds very very light touch and doesnt involve giving People Stores<\/a> of value and therefore its not really valuable is focusing on the works when we all know that its the stores of value that the differences between the printers and the on the privilege will get into that star value as 2nd so its a fair to say based on your what writing and your interviews he believe the system is best play completely broken that reparations us just really lip service for many things and tried many times before never really comes through and youre thinking and believing instead to just exit the system and start completely know how would this work be pretty fair to say that i mean. I grew up in in Central London<\/a> and as a country the u. K. Is i think on the scale especially london is a is a very Tolerant Society<\/a> missing incredibly its a cultural melting flow is very multicultural. But even then i had scenarios where i was playing on the street as a kid and being spat sat by people whose would stop when that in the traffic at the lights because i grew up in a Council Estates<\/a> which is i dont know how you describe it in the us but its like the projects its a low income parts of london. And you know we play in the spots that that was not an unusual thing to happen i experience various forms of discrimination through my life. Even when i was working in very Large Organizations<\/a> i could see the differences were people who it work as not just me would get to i would still have to work twice as much twice as hard to get to the same level and thats that thats fine thats thats not a problem but being who i was i was i did feel that this was a problem for not just me but for society and the reason its a problem for society is that. Ultimately we want the society to reach its ultimate potential as quickly as possible and anything that stops you from doing that is some optimal so do logically the best people to work on any big given task should be the best people in the world now lets take an example of a space ship if i want to go to the nozzle like in a mosque here right now can only employ people who are in the us. He would like to employ the best people in the world and logically its unlikely that the best people to build rocket ships are not all in the us i mean i could be wrong but its probably the case and not all in the us so therefore the any rookie he makes to go to mars and get it will likely have more risk have more issues because he hasnt got the best people in the job so the entire world he and therefore by extension its i will loses out from any form of discrimination that isnt based on free things it isnt based on someones work ethic the quality of their faults and the quality of the argumentation you should discriminate on those things but anything else you shouldnt do and as long as he exists in a world where thats possible. We will always be it will always have a challenge and therefore i think that the current wont really exist and the situation is broken from as i would like to say and the only way to soothe the system not for out to space let you know must go into cyberspace and you write about a purely american crowd excess them and how do you get to the purely america crowd excess them and you suggest that cyberspace is the place to do it and you also write about how anonymity is very important to this pair meritocracy because when you say adopt an avatar in cyberspace in Virtual Reality<\/a> the expectation is for everyone in that are different than what weve been used to because they are now interacting in America Craddock<\/a> way because they dont really know that it cant see the person on the other end can you elaborate on us to give you some background. Was building free to Computer Games<\/a> in the eightys and in the ninetys built one of the firsts online multiplayer virtual. School metropolis and then in the eights in the north seas. Built. One of the fellows was part of the scene of one of the 1st massively Multiplayer Online<\/a> role playing games and we actually created a Virtual Currency<\/a> could we put it this was before big cooking 50000000 uses. And so this is a Long Time Coming<\/a> we its so someone whos been in that space its been very clear that this is the future of insurrection we are creating a new world and just like the explorers in the settlers when they felt that the old world was there with no opportunity for them decided to go to the us to canada they decide its exits and go somewhere else and the cook asian. Old well that is and new zealand and australia now i think every place on the planet says. If it should be populated most appreciate you take them and the only place to go is either outer space which will take decades and this is the kind of you dont for example i think far more interesting and family she was going into cyberspace this is new virtual building and thats where i think well produce use so in cyberspace of course we have additional money called big queen and big queen is on confiscated ball and that is one thing about starting from you know scratch because after the civil war in america for example as you talked about previously enslaved people were given 40 acres and a mule and some money and actually the black American Population<\/a> did extremely well so well that it all got burned down so wall street in tulsa oklahoma there was a black wall street and durham North Carolina<\/a> there was a hugely successful North Carolina<\/a> city called wilmington North Carolina<\/a> which was black run they were elected to office they ran all the newspapers they were super successful. Poor white people got angry and burned it down here we have your saying so Artificial Intelligence<\/a> Virtual Reality<\/a> you can be and look like whoever you want to be right. And you have an unconscious capable money so. As we head out into the break you know pitch your story about how that all comes together to create and a true meritocracy yeah i mean. I think you gave the i know the example of the black wall street in tulsa but ultimately if you form a group and you are so identifiable there is a risk that people can identify you and therefore try to attack that. Inside the space from day one we are taught that the way you look doesnt matter in fact from every computer game he played you you take on the persona of someone else so in cyberspace the norm is to not look like yourself. And so when were building these virtual is what would happen is originally everybody would look like white males and white females in perfect physical condition all 6 foot 2 if there were guys and all that went away and met 55. 00 and and then after a year everybody would realize a bit like the incredibles where if everybody was sleeping no one it was reading boring for everybody sort of the same and so therefore they started to look like and you now see it and in current day but actually they look that theyre not limited by the imagination that they very even try to look human they try to look like working on the hot dogs or whatever it is they try to express that in a idea what is there and what is an imagination and so that the identity goes out the window they then she cites to discrimination i think is a natural state of humankinds say then decide to discriminate on other things and so you start seeing people say things like i can hear from your x. And youre from the u. S. Or youre from the u. K. And people with american accents tend to congregate and people in the u. S. Accents but this technology thats working to deal with accent concealments as well because was really clear is if you remove the things that thats not really good mechanisms to discriminate or you have left are things that are good mechanisms and as you say as you as you as you notice in these spaces you see people who. Really interesting really charismatic really eloquent they were. And thats the society we want we want the society to be what the code is who is able to deliver the most an able to meld. The minds of men to wards a direction which we believe can best society wow im ready to migrate to cyberspace they are going to take a break let me come back why would be no so l o y. O t no crowd. No shots. Actually felt. No 1st. Point should your thirst for action. So what weve got to do is identify the threats that we have its crazy confront cation let it be an arms race in this on off and spearing dramatic developing the only im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. 54 jets and more than 1300 military personnel are headed to heal some air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area russia. What is it suddenly about the South China Sea<\/a> that makes it so that it is 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons<\/a> capabilities there is reason for concern so thats why were going to drill down on the story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. Welcome back to kaiser report Summer Solutions<\/a> are right where chatting with the no assume hes the c. E. O. Over there calling for dot co dot u. K. O. Before the break we were talking about how racism seems to be hard coded in our d. N. A. Its almost an instinctive human trait and all solutions seem to have failed including reparations and the idea of us going into cyberspace and achieving a true meritocracy by shedding all of our biases and prejudices and getting into Something Different<\/a> now some would say oh you know what youre going to lose some of your into hope to gain the meritocracy youre going to lose some of your authenticity however and what yours what youre suggesting is that with with this idea of migrating to cyberspace we are actually potentially going to find our true worst selves a kind of our deeper selves so its very profound very philosophical and this is all about Summer Solutions<\/a> but i mean this is an interesting concept and maybe just give it another minute or 2 and dig into that a little bit so theyre going to be saving the peoples views around race. I think its we want to get to wode where you can explain this in the u. S book why its male female. Over any religion and and know any fear of being able to do that. I do think when it comes to feelings that you can view visually. Be tried and tested approach to dealing with is money. And if you look at. Lets take again i am not jewish but jewish people from my perception receive a lot and have historically received a lot of prejudice throughout many many many centuries. However right now it doesnt seem to affect them as much as effects but people and the differences they say have money and there was a song the rap song in the in the ninetys because i was very interested in rap could money power respect and its very simple if you have money you can buy power by media power and you can buy political power and media power and political power you can then change peoples views and gain respect you can check you can lobby governments and you can change the media message to counteract incorrect messages with the correct message and over time most people will then see that and be be affected by that what they post and say and their views will change but 1st you have to get money and in a world where. Its not meritocratic it may be difficult for you to get to that point so not only does going into cyberspace and affectively allow you to expression in a you it also is a far more meritocratic well because you in this world your identity doesnt matter all that matters is your capability and the reality is there is a lot of people of every background who are pretty capable so over time the best people in the world will move up to the top and they will come from all backgrounds and they would generate money and with that money they can change their perception if it is negative of whatever background in focus of the perception of women at the perception of black people perception of being not not able bodied whatever it may be these can be corrected by the subset of people who have a vested interest in change that perception who now also have the capital to change it so it will bennett. Fit both the physical world and the nonphysical i want to ask though about this post real world i r l is no longer existing were all in cyberspace there is the legacy of basically we live in a society and an economy of that of can tell you an heiress you know the Central Bank Still<\/a> exists and it printed money and i think this is what is coming to a head right now its i think you know the fact that since 1971 weve been on a u. S. Dollar standard no attachment to anything like gold or anything and so whoever had all the assets then which were mostly white men in america and they had all the assets they own the assets and everybody else kind of was left behind because of that like there was just a recent data out of the u. S. Fed that showed that black americans have have their back to basically 1968 in terms of where they are and in terms of the percentage of wealth of this economy like how how can we restart unless we end totally this can tell in effect life is a game and. Be the game that most apes is this game of monopoly and i thought of this idea that wouldnt be great if every every so often in life just like in the game it gets reset. And it turns out a friend of mine who is you know. Very very well read especially in religious texts told me that this is not a new idea in fact in the Old Testament<\/a> they had an idea called belief that every i believe is every 49 years maybe 50 is some people argue its 49 to 50 everybodys debts would be forgiven if you look at socorro you so just something to slavery youd be forgiven and you would and the land you had would be given back to you is the effectively its the physical world equivalent of playing monopoly and at the end. You get reset and so unfortunately thats not able to happen it doesnt happen any more it doesnt happen in the physical well but. In the Virtual World<\/a> i believe what will happen is over time people are no good at holding on to that value if they dont have access to a inflationary money where they can affect somebody take advantage of friends to constantly replace any wealth they lease through bad economical Business Decisions<\/a> they will eventually lose wealth and you only end up at the top with the best people and the opportunity to rise at the top becomes equal for everybody car seminar planes get analogy what ive noticed and the american system of monopoly when blacks are all the die thing that somehow is going to present and land the white rather die thank pascal and collect 200 dollars. Thats how its played in this country but you know its so you make the point that money is the basis of power and shaving money and getting money at its eye caught Interest Rate<\/a> apartheid where if youre not if youre a friend of Goldman Sachs<\/a> your cost of borrowing is 0 if youre not a friend of Goldman Sachs<\/a> or borrowing costs and theyve got a 20 percent 30 percent 2000 percent a payday lender so its a form of apartheid and i get that but getting back to cyberspace and the creation of a meritocracy as you describe it where you get read our prejudices and biases that are kind of present from birth. When you talk about decline youre also talking about an environment of friction less money or friction less environment the need for power changes or it diminishes because you know that old need for power because the wealth was the gold and you had to go dig it out of the ground and it you have to spend a lot of money to dig it out of the ground and agriculture is very labor intensive manufacturing is labor intensive all the wealth up until now has been labor intensive capital intensive and now weve got an environment in cyberspace where its effectively frictionless and so does that feed into the meritocracy its not a necessary ingredient to remove all the weight from money i think this is where. Things are about to change and in a way which people dont really understand. Up until now if people want to trying to make it like it was this will to see the proof she became for me i could go true will do all country human choice produced goods and theyre beginning to p. P. Manufacturer who be given to people who provide high in high end type id goods now the highest value figure we can do in Society Things<\/a> that are completely digital image if you look at the worlds media mez number one and 2 i mean shes a fine and. And technology and these industries where all you need is is your mind and access to a computer and the internet now thats a stress a side effect of space x. You know musk is going to be providing low cost gigabit internet to the world weve been moving in 18 months and there are many other. Providers who are going to be doing the same. Separate. Marine be a powerful thing about the v. C. R. In the video headsets and so until just coming out is its actually even day one false less expensive than mobile phones because the smaller the device just the name the physical nature of the villages the impeller the less power it takes the less complex it becomes and so these new devices which provide a phone more its fun a pump experience a less expensive as well so you know have less expensive devices. The internet switches pervasive and you now have access to anybody in the world can provide a service which is the highest by the service not the lowest value and so youre going to see this explosion of competition with everybody other than the most privileged benefits so thats why for example dont always understand the idea of things that. Other movements like this because i dont see the logical benefit to someone to willingly reduce their advantage and so i think instead you have to take the advantage and only history that was taken violently and now we have an opportunity i prefer a nonviolent way of doing this and i mean now we have the opportunity for a nonviolent revolution a revolution of the mind and thats i think is incredibly exciting so is it possible in this paradigm that youre outlining hair that the concept of wealth and stuff changes so jeff bezos he can spend a 1000000000. 00 on a yacht somebody who is relatively broke can buy a yacht in cyberspace for one dollar and theyre effectively it wall once you enter that space is that correct and doesnt that kind of change what the whole idea of wealth is to begin with correct i mean i think theres Different Levels<\/a> of wealth and different of sophistications. So the ostentatious displays of wealth will very quickly be coming this in this world as well but will for all respects if you look at masses hierarchy of needs will feel so that should i say should that will remain we will still look to discriminate new people still want to have esteem and be respected but the easy way of just spending money and showing you have an item that will not be the case while they say pick coin has a profound impact on the way people think i said ive got a good example of this right now. Thanks so much for being on the kaiser report hes over a coin for dot co dot u. K. You can find us on twitter a kind of 3 part were going to be down some more of the Summer Solutions<\/a> so stay 10 until next time by yaar. As the u. S. Economy was booming growing numbers of people were made homeless. You can work 40 hours in a week and still not have enough to get housing everybody believes america still is the land of opportunity the reality of it is were not financial ecology and the lack of Affordable Housing<\/a> for a living minimum wage gave many people no choice you know thats been a problem with the city and always turn every child told me stay away almost all of the food that there is no answer because yes that requires resources the most vulnerable are abandoned on the streets to become the invisible comes. The world is driven by a dream shaped by. The dares thinks","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia903209.us.archive.org\/18\/items\/RT_20200812_040000_Keiser_Report\/RT_20200812_040000_Keiser_Report.thumbs\/RT_20200812_040000_Keiser_Report_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240716T12:35:10+00:00"}